Standard Iron & Metal Co., LLC
How we got $7.1M
Based on its 23 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 83 years (since 1943)
From public records and the company's website, not a statement that it's for sale.
What they do
Standard Iron & Metal Co., LLC is a family-owned and operated metal recycling processor in Oklahoma City, founded in 1943, that purchases ferrous and non-ferrous scrap metal and offers container services to commercial and industrial customers.
From the company's website. Industry: Recyclable Material Merchant Wholesalers.
Estimated value over time
▲ 48% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| STANDARD IRON & METAL CO., LLC this business | $24.1M | — |
| MARKING PRODUCTS INC. Oklahoma City · 5 employees | $3.9M | 1.6 mi |
| OKCOLLECTIVE LLC Oklahoma City · 2 employees | $2.5M | 1.7 mi |
| HOLIDAY INTERNATIONAL, INC. Oklahoma City · 3 employees | $4.4M | 1.7 mi |
| 405 MANAGEMENT, LLC Oklahoma City · 1 employees | $1.9M | 1.7 mi |
| KEATHLEY HANDLING SOLUTIONS INC Okla. City · 7 employees | $5.1M | 1.7 mi |
| COPAT DESIGNS, INC Oklahoma City · 12 employees | $10.8M | 1.8 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $21.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $21.0M |
| Estimate: the two combined (geometric mean) | $24.1M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.6M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $7.1M |
| Multiple for this size and industry | 4.3× |
| Value range | $3.7M – $9.7M |
| Revenue range | $15.8M – $27.4M |
| EBITDA range | $1.1M – $1.9M |
| Industry (NAICS) | Recyclable Material Merchant Wholesalers (423930) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“The founder’s legacy now extends to the 3rd generation, and we have evolved into a full-service metal recycling processor incorporating the heavy machinery and equipment required to meet our customers' needs.”
Advisors
- BankingLendingClub Bank, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| LendingClub Bank, National Association PPP 2020, PPP 2021 | All 8 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 7/20/2020 | first | $237K | 16 |
| 4/1/2021 | second | $236K | 23 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Standard Iron & Metal Co., LLC
Standard Iron & Metal Co., LLC is a family-owned recyclable material merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1943. Its estimated annual revenue is about $24.1M, with roughly $1.6M of EBITDA. It has about 23 employees. Its estimated business value is $7.1M (likely range $3.7M–$9.7M).
Common questions
- Who owns Standard Iron & Metal Co., LLC?
- The owner of Standard Iron & Metal Co., LLC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Standard Iron & Metal Co., LLC make?
- SeeBITDA estimates Standard Iron & Metal Co., LLC's annual revenue at about $24.1M (likely between $15.8M and $27.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Standard Iron & Metal Co., LLC worth?
- About $7.1M, roughly 4.3× its estimated EBITDA of $1.6M, typical for a recyclable material merchant wholesalers company its size. Likely range: $3.7M–$9.7M.
- How many employees does Standard Iron & Metal Co., LLC have?
- About 23, as reported on its PPP loan.
- When was Standard Iron & Metal Co., LLC founded?
- Standard Iron & Metal Co., LLC has been in business since 1943.